Stephanie Kelton
@StephanieKelton
Author of NYT Bestseller 📖 Professor @stonybrooku 👩🏼🏫
Joined July 2011
972 Following 140.5K Followers
It's worth noting the leverage embedded in household equity exposure. With margin debt relative to GDP now ~4.1%, we're running noticeably hotter than peak dot-com. Highly recommend reading @MacroEdge1 for analysis of that period.
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